716 Monsarrat Avenue, London East

$509,000
716 Monsarrat Avenue

$509,000

New
21d
DetachedBungalow

716 Monsarrat Avenue, London East

Total Monthly Obligation $2,804

Beds
2
Baths
2
Park
3
Sqft
1100-1500
DOM
21d
Score
21
Yield
5.8%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13853804
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 121.5 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,505.36 (2026)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30 days
Neighbourhood-East A
Title-Residential Freehold

No agent assigned

A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a covered enclosed seating area to escape the sun, and a large deck wrapping around the rear of the home leading to pool and other covered side entrance to the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished part of lower level is a blank slate with large open concept area, roughly divided into bedroom, and 2 different rec rooms, one with 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and also includes a laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, large deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$407,200
Land Transfer Taxes$6,655
Legal Fees (Est.)
$
Total cash required for closing$109,955

Total Monthly Obligation

$2,804/mo
Mortgage $2,053
Monthly Loss $2,263
Principal$540
Interest$1,513
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,640/yr
NOI
$17,671/yr
Net Cash Flow
-$581/mo
Cash Margin
-23.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
29.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 716 Monsarrat Avenue

Time

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